Exercise/Fitness

4/16/2024 |  Bankruptcy Court Approves BowFlex Purchase Agreement (SGB UPDATE) The U.S. Bankruptcy Court for the District of New Jersey entered an order approving the sale of the acquired BowFlex, Inc. assets under the terms of the previously announced Stalking Horse Asset Purchase Agreement between Bowflex and Johnson Health Tech Retail, Inc.

4/1/2024 |  Life Time Opens Denver West Athletic Country Club for 7th Location in CO (SGB UPDATE) Marking its seventh location in Colorado, Life Time opened Life Time Denver West, expanding its presence in Colorado to seven locations in Wheat Ridge.
The three-story, nearly 111,000-square-foot facility features expansive workout space, Kids Academy, seven pickleball courts (three indoor/four outdoor), indoor/outdoor pools, LifeCafe restaurant, LifeSpa, locker rooms with rejuvenation suites, cold-plunge pools and more.

3/29/2024 |  Crunch Franchise to Open in Yuma, AZ (SGB UPDATE) Crunch Franchise reported plans to open Crunch Yuma, a 40,000-square-foot fitness facility in Yuma, AZ, in a former Sears next to Burlington at Southgate Mall.
In addition to cardio and strength training equipment, Crunch Yuma will have circuit training, personal training, a functional training area with indoor turf, a group fitness studio and ride studio, tanning beds, HydroMassage beds, and other amenities. This will be the 52nd Crunch Fitness nationwide for Fitness Ventures and the first for the franchise in Arizona.
 

3/7/2024 |  IHRSA Rebrands to Health & Fitness Association (SGB UPDATE) IHRSA president and CEO Liz Clark announced a new name for the organization, the Health & Fitness Association, which Clark described as a “global community of industry leaders supporting an Association committed to advocacy, education and research.” 
 

3/6/2024 |  Jetset Pilates Continues U.S. Franchise Expansion (SGB UPDATE) Jetset Pilates, the Miami, FL-based Pilates reformer franchise, is expanding with eight studios open and twelve in development across Tampa, West Palm Beach, Orlando, Doral, Coral Gables, North Miami, Coconut Grove, Pinecrest and Aventura.
The company also opened its two-story Miami flagship studio at Mr. C Residences, a luxury, high-end development which it will open to clients in early summer. Mr. C is a sister company to Cipriani, the international hospitality brand with restaurants, lounges, hotels and residences worldwide.